Net Asset Value(s)

Aberforth Smaller Companies Trust plc ("ASCOT")

The Net Asset Values ("NAVs") per Ordinary Share for the above company as at the close of business on 8 September 2023 were:-

Excluding current year Revenue = 1,371.92p

Including ALL Revenue = 1,403.35p

ASCOT has bank debt facilities available to allow gearing of up to 11.6% of Shareholders' Funds.  Current gearing is 3.6%.  There are currently 84,489,605 Ordinary Shares of 1p in issue.

Contact: 

Michael Campbell

For and on behalf of Aberforth Partners LLP, Secretaries

Telephone: [phone]

11 September 2023

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